Nuevo Arenal, Costa Rica. This 2 bedroom 2 bath ensuite impeccably maintained townhome apartment is located only 3 km from the peaceful village of Nuevo Arenal. Situated in the mountain foothills ,the location offers a bio-diverse and rainforest climate with beautiful weather.

This home is in the desirable, gated community of Rainbow Bay Estates, providing seclusion and an idyllic & tranquil lakefront setting on beautiful Lake Arenal. Surrounded by private gardens this recently renovated unit is offered fully furnished and tastefully decorated with quality furniture and accessories, and features granite countertops, all new appliances, upscale fixtures, security system, whole house surge protection, and new fiber optic internet and tv/phone line.

The low association fees of $150/month includes maintenance, insurance, property taxes and the use of a pool and tennis court. The development also offers a private, lakeshore marina with available slips.

This unit ownership is held in a Costa Rican corporation which can be assumed by new owners and which offers several legal advantages such as exemption from 2% property transfer tax. Only legal fees of 1.5% paid by the buyer apply.
Although this non smoking unit has never been rented, the demand for rentals in this desirable location & development is very strong and commands high end market rents.

Offered at us $249,000 this property represents a secure investment in a very stable, desirable & popular location in costa rica.

For additional information in Nuevo Arenal, contact Don Watson at 011-506-8725-2034 or owner at rwiersum@yahoo.ca or 001-541-633-0198.

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